UPDATE 1-UK Stocks-Factors to watch on Feb 21
LONDON Feb 21 (Reuters) - Britain's FTSE 100 index is seen opening higher on Friday, with March futures up 0.6 percent by 0736 GMT ahead of the cash market open.
* The UK benchmark edged up 16.28 points, up 0.2 percent, to 6,812.99 points on Thursday, taking its rally since an early February low to around 6 percent.
This leaves the index about 1 percent shy of a peak hit in late January, before political and economic concerns in emerging markets took their toll on equities.
* ROYAL BANK OF SCOTLAND : RBS is expected to announce its withdrawal from many investment banking activities as well as much of its international business in a move that is expected to reduce staff numbers by at least 30,000 over the next three to five years, the Financial Times reported.
* BARCLAYS : Citigroup Inc has settled a lawsuit against Barclays Plc in which it sought to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc during the 2008 financial crisis.
* ROYAL DUTCH SHELL : Top global oil trader Vitol SA has agreed to buy Royal Dutch Shell's Australian refinery and petrol stations for about $2.6 billion.
* ANITE : Anite Plc said it was in negotiations for a potential sale of its travel reservation software business, in line with the company's previously announced strategy to focus on its wireless division.
* ROLLS ROYCE : The company has won a $182.7 million contract from the U.S. Air Force.
* LEGAL & GENERAL : The company has made its first U.S. investment management buy in a $50.4 million deal.
* INFORMA : The company posted FY adjusted cont ops pretax profit up 3 pct.
* MILLENNIUM & COPTHORNE HOTELS : The company reported a 35 percent rise in revenue.
* IMPERIAL TOBACCO : Boots, the chemist founded by Quakers in 1849, has signed an exclusive deal with a subsidiary of Imperial Tobacco that means the high street chain will be selling electronic cigarettes from Monday, the Times reported.
TODAY'S UK PAPERS
> Financial Times
> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit* BridgeStation: view story .134 For more information on Top News visit
- Confusion as search for Malaysian jet spreads across SE Asia |
- Malaysia military source says missing jet veered to west |
- Toddler found with heroin at New Jersey daycare center
- Special Report: How China's official bank card is used to smuggle money |
- UPDATE 1-Missing Malaysian plane last seen at Strait of Malacca-source